The #1 financial priority for people with a mortgage is, you guessed it, paying down their mortgage. 42% ofCanadians with mortgages say that is their topmoney goal, according to Manulife...

If market expectations are on the money, the U.S. Federal Reserve will drop its key policy rate on Wednesday — for the first time in over a decade. Unlike most...

Here are seven things you may not know about Canada’s mortgage market. The source: CMHC’s insightful new Residential Mortgage Industry Report. 1) Variable Rates Looked Good (Keyword Being “Looked”) Almost...

It’s remarkable how much people focus on the Bank of Canada’s “neutral rate” nowadays. It has become a lighthouse in the rate fog. People rely on it to gauge how...

You’ve probably seen the U.S. and China wrangling over trade in the news lately. Hanging in the balance is a major trade agreement—if they settle their differences (and they eventually...

The gap between the best 5-year fixed rates and best variable rates is the smallest its been in two and a half years. We’re talking less than 1/8th of a...

The most competitive online mortgage brokers are just itching to give you a better rate. But many lenders won’t let them. Most broker lenders have what’s called “rate buydown limits.”...

Quick news nuggets from Canada’s mortgage rate market: Not only has the yield curve inverted, but in some cases the mortgage rate curve has inverted. Among uninsured mortgages available in...

Canadian interest rates are still sliding. On Monday, Canada’s5-year bond yield—which drives fixed mortgage rates—closed in the 1.50% range, something it hasn’t done since November 2017. Dozens of lenders have...

The number of Canadians who blindly trust mortgage rate comparison websites is staggering. This year, almost two million households will renew or take out a new mortgage. Of these, CMHC...